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25 October 2023 • By Jon Bragg • 1 min read

Magellan searches for new leader as CEO exits

David George is stepping down after originally joining the fund manager last year. Magellan Financial Group chief executive officer and managing ...

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Macro outlook ‘bad news’ for US equities: BlackRock

The global investment manager is bearish on the outlook for US equities as the “inflation roller coaster” rages on. After a solid start to the ...

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Bond yields surge, some gains to endure: Oxford Economics

Long-term yields would likely retain more of their recent gains than initially anticipated, Oxford Economics has claimed, following the latest spike ...

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World’s largest asset managers suffer US$18tn AUM drop

Australian managers fared better than many of their global counterparts last year. The world’s 500 largest asset managers had US$113.7 trillion in ...

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Equities slip as rate hike risks loom

Equity prices have taken a hit amid growing uncertainty over the outlook for the global economy and renewed fears of additional interest rate hikes

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Sovereign wealth fund reveals $60bn portfolio adaptation in 2022–23

The sovereign wealth fund made over $60 billion worth of changes across its portfolio during the 2022–23 financial year to position for higher ...

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Sticky inflation to delay rate relief: CBA

The major bank has revised its outlook for monetary policy as inflationary pressures prove resilient. The Commonwealth Bank updated its forecasts ...

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Why active fund managers ‘live or die’ by their performance

Stockspot CEO Chris Brycki has discussed the decline in the asset value of active ETFs, including those offered by troubled fund manager Magellan

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How Australia’s ETF industry grew from $100k to over $150bn

Betashares has reflected on the “impressive growth” of the local ETF industry. Since the launch of Australia’s first ETFs more than two decades ...

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‘Instrumental’ Insignia CEO to step down

Renato Mota is exiting the firm after 20 years, including five as its CEO. Australian financial services firm Insignia Financial has announced that ...

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